Foreign corporates were net sellers of a significant $4.3 million today at the Pakistan Stock Exchange. So far in September, foreign corporates have made net sales totaling over $16.6 million. Over the last 30 trading sessions, they have been net sellers of $10.8 million.
Despite this, foreign corporates remain net buyers of $84.7 million year to date.
Local mutual funds have become net buyers over the last thirty trading sessions, though remaining net sellers at the PSX on a year-to-date basis of almost $13 million in net sales.
Insurance companies remain the only major local investors at the PSX that are net buyers on a year-to-date basis, with net purchases totaling $58 million. However, since the last week of August, they have turned into net sellers, and over the last thirty trading sessions, they have accumulated net sales of nearly $9 million.